September 11th has become a day of remembrance in what was formerly the land of the free. The horrific spectacle of the events that unfolded in New York and Washington that infamous day will be forever etched in the memory of our generation. While we did not realize it at the time, it was the day that the United States lost a great deal of freedoms.

The external restrictions that have been imposed on society post 9/11 are well documented. The passage of the Patriot Act has given the government carte blanche when it comes to surveillance and disregard for due process. While these practices have always been employed to some degree, the Patriot Act in a sense legitimized them.

Perhaps more devastating, however, has been the mental shift that 9/11 caused in the thought of US Citizens. Pre 9/11/2001, the US was a place where truly anything was possible, it was the Land of the Free, the sky was the limit. Humankind had just “survived” the Y2K non-catastrophic event and credit flowed freely.

More importantly, though, our minds were free.

Naturally, we can only speak of our own experience, but we would be willing to bet that many who lived these events would agree. Pre 9/11, the United States was a completely different country.

Ironically, 9/11/2001 was the day after we had been laid off from our first job. We had cornered ourselves in Internal Audit, which for the uninitiated, is the first department to get the axe when cost cutting measures are employed. Really, who wants to pay people to tell them what they are doing wrong all day unless they can justify the expense?

We received the memo and our final check on the 10th. On the 11th, we woke up to the first day of freedom that we could recall, turned on Good Morning America, and watched the events unfold. At that point they were speculating that the first tower was some sort of small aircraft accident. A caller from New Jersey was on and said, with a grave seriousness in his voice, that it was not a small aircraft, but a commercial airliner. Then, on live television, the second airplane hit the second tower. We are embedding a YouTube video of this moment for those who did not see it. Please be advised that it is indeed disturbing and skip it if you do not want to be shocked:

It was at that point that we knew something bigger than ourselves was occurring, and God had set us there to PAY ATTENTION TO WHAT WAS GOING ON! We were new to Christianity, true Christianity, and had begun to truly commune with God over the past several months. To those who have not had similar conversations with the creator, this will sound strange, but God does speak quite clearly to those who are paying attention.

Anyway, God said, “It’s time.”

This has set our life on a completely different course, one that you, fellow taxpayer, are now a part of.

Ah yes, we were going to explain why money does not exist, at least not in the sense that most understand it.

The Federal Reserve is set to meet in September. There is an expectation that they will raise interest rates. However, there is also a sense that the economy is somehow still in a funk. What is the Fed to do?

We postulated earlier this year that the Fed would sooner raise interest rates than end its QE money printing programs. We were wrong, QE ended before rates increased. However, we hold out the spectre that, eventually, perhaps this month, the Fed will need to increase its target rate. When it does, it will cause big problems for large banks. Banks will need a buyer for the masses of Treasuries they have to hold as a result of Dodd-Frank. The Fed will buy them at cost (not market, as their market value will be dropping), effectively reinstating their QE program.

They will raise rates on the short end and work to maintain lower than natural long rates. Anything else would spell disaster for the economy.

Why can the Fed employ QE (electronic money printing) in the first place? Because money does not exist. What we use as money is really credit. Credit and Money are opposite elements in the realm of economics. They should cancel each other out.

Now that Money is credit, the productive activities of humankind are aligning themselves in direct conflict with the needs of the natural world. And the chasing of non-existent money is causing humankind to strip mine the earth.

Like this:

During the month of July we found ourselves south of the equator in our second home, Bolivia. It has been two long years since we have walked the earth there and much has changed. The following are some observations made on our journey.

First off, it is obvious that money is everywhere. From the construction of new apartment buildings to a new style of McMansions that are being erected by those who have benefited by the DEA’s absence in this country: The Cholet. The same increase in economic activity that we have noted in Portland is evident here in spades. Everywhere you look, there is a new store, restaurant, cafe, or industrial park, all with the comforts of modern architecture with inimitable South American flair.

The first part of our visit coincided with the visit of the extremely popular Pope Francisco, or “El papa Francisco” as he is known here. We arrived in Santa Cruz on July 6th, two days before the Holy See arrived. On the 8th, we listened, along with all of Bolivia, the radio call of his descent and landing at the airport in El Alto. The radio call resembled the call of a soccer game here, with the announcer screaming “Llegó” with the same passion that they yell “gol” when the home team scores.

As a follower of Jesus of Nazareth, we are ambiguous to the activities of the Pope, who to us is simply another follower of the same Jesus, with a slightly larger following. In other words, we do not recognize or attribute any special authority nor clairvoyance to the Catholic church that is not available to all believers.

That said, it is undeniable that papa Francisco is something special to the Catholic faithful, especially here in South America, as Francisco (or Francis, as he is known in the English speaking world), an Argentinian (though you would never know it as he does not seem to swear like a sailor) is the first Pope to hail from the continent.

Having listened to his discourses over two days, it was obvious that Francisco is well schooled in the populist platitudes that the likes of Che Guevara awakened and contemporary leaders Hugo Chavez and Evo Morales have resurrected.

True to the populist playbook, Pope Francisco derides economic inequality and envisions a society where all elements of the economy, the productive sector, distributors, and retailers, all carry out their daily chores in harmony with mother earth and one another. Where every child can enjoy a happy childhood, every worker enjoy a dignified position, and every elderly person enjoy a dignified retirement.

Evo Morales, the Bolivian President, welcomed Pope Francisco with a unique gift, a crucifix where in the place of the cross, Jesus of Nazareth is portrayed as being crucified on a hammer and scythe, a symbol synonymous with Socialism.

Regalo de Evo a papa Francisco

Was the Pope offended? Hardly, you see, the artistic origins of the gift lie with a popular Jesuit priest who made what to some is the obvious connection between the Gospel and Socialist doctrine. There is more to the story behind the gift, which you can read here:

We bring the whole matter up to state once and for all that the Gospel and Socialism have just one common thread: The Gospel, or the Good News, is that God forgives, and expects us to do likewise. Nothing more, and nothing less. It is the most important spiritual and natural event that has ever occurred, in our lives and the lives of countless others, for it is forgiveness and forgiveness alone that unleashes the supernatural and eternal presence of Yahweh in the here and now.

To the extent that Socialism demands that mankind treat one another as they would like to be treated, it is in harmony with the Gospel. However, any attempt to enforce what should be spontaneous acts of goodwill towards one another makes a mockery of the Gospel and subjects it to the rules of men. As we have explored in our economic treatise, Why What We use as Money Matters, rules made by men are incompatible with freedom, which is the reason for the Gospel in the first place.

This Freedom extends to the right to be Socialist, but it does not extend to the right to enforce this destructive doctrine on one’s unwilling fellow man or woman.

We admire the Pope, heck, he gave mass in La Paz with one lung and drew out millions of the faithful in South America. If he wants to use his enormous platform and the freedom afforded to him by the forgiveness of sins through Jesus of Nazareth to expound upon an idyllic worker’s paradise. more power to him.

The danger in the Socialist doctrine is not evident in meaningless platitudes spewed by its proponents, nor is it evident in postulations about goals that are as unattainable as they are unmeasurable, such as universal dignity in work and retirement. The danger of this poisonous doctrine is only evident in the blood spilled silently over the years in its name. For when authoritarian regimes are allowed to define and enforce such concepts on a large scale, the previously unimagined economic burdens of such a program fall upon everyone, and the end result is invariably a society that lives and treats each other in a quite undignified manner.

A side note, and certainly fodder for further debate here at The Mint, our Mother-in-law posed a very interesting hypothesis about what may be wrong with Bolivian society, which seems hell bent on self destruction despite the gifts Mother Nature has seen fit to surround it with: The poisonous union of the lie by two strata of society.

First the rich, or those who come into money, those whom we will call the upper strata of society. This strata of society learns to lie as a means to maintain or improve their status both within their social circle, which in turn feeds a continuous chorus of lies as a group to the populations which they enslave and exploit.

Second, there are the lies of the exploited populations themselves, who learn to lie as a powerful tool of survival in a society where, to paraphrase President Snow of the Hunger Games, the odds are never in their favor.

The union of the accumulated lies tend to make any society impossible to navigate with any form of moral or ideological compass. For to run the straight and narrow is to be stabbed in the back, and the lies create the sad and universally acknowledged truth that no one can be trusted.

Into such societies the seeds of Socialist ideology find fertile ground in which to grow and take root in the minds of the underprivileged. They begin to grow and, like GMO crop production, look good until one realizes that the crops are only viable with a disproportionate quantity of productive inputs, and that they leave the soil and its inhabitants desolate once the massive inputs stop flowing.

It is then that the inevitable bloodshed begins, and no amount of platitudes or lofty goals, whether spoken by the Pope or the President, can stop it.

Like this:

It appears that the Greek government is once again on the brink of an inevitable default on its Euro denominated debt. This time, however, Greece’s Prime Minister Alexis Tsipras appears determined to take it over the edge, calling for a referendum on the whether or not the Greek people should continue to abide by its creditors’ bailout terms and extend their own misery or to give the proverbial middle finger to their oppressors in the north.

Monetary oppression

Greece, Where the Euro pays tourist prices

We use the term oppressors, for the current state of affairs has been held in place to ensure that Germany maintains a death grip on the Eurozone. Greece stopped benefiting from being a member of the Eurozone the moment it accepted the yoke of a common currency. Sure, it was a nice run for the entire Eurozone when times were good, but when times got tough circa 2008 the Euro handlers at the ECB cut rates too slowly, citing a tired “stable currency” bias, and generally struggled to maintain liquidity, which is pretty much “job 1” when one is running a currency regime.

Maybe the Treaty of Lisbon wasn’t such a good idea after all.

What happened next was a catastrophe that is only possible in a Central Banking/Tax Farm disconnect that the Eurozone’s half baked approach to unity has left as the norm. You see, fellow taxpayer, in the United States of America, we have one Central Bank which runs the tax collection mechanism for the government. This means that, with localized exceptions, the tax farm’s tactics and the Central Bank’s liquidity functions can work in an awkward harmony. For those of us who pay Cesar annually via the IRS, this means that in a demented sense we share society’s burdens across 50 states. To those of us in Oregon, it matters not that the State of California cannot pay its obligations (unless, of course, one is a creditor of the State of California). It is taken as a given that the Federal Government will bail them out and the Federal Reserve will provide the cash (indirectly) to the Feds in order to do so. Then, and this is where the magic happens, we all pay for California’s misdeeds via Federal taxes and inflation.

This same scenario was possible in Europe until January 1, 1999 (a day that lives in infamy) and had played out throughout much of modern history.

Not so today. For today, in Europe, when the government of Greece hits hard times and cannot pay its bills, it has to beg its rich neighbors to the north for Euros, and accept whatever conditions they impose. What is funny is that neither Greece nor its northern benefactors can actively emit currency in sufficient quantities to ensure their new contract can be paid.

What does it mean?

Which brings us back to the upcoming referendum. While in our mind it is still even money that there will be a further modification of the Greek bailout and that the Eurozone will carry on as it has for 16 years now, there exists the strong possibility that Greece will “opt out” of the inconvenient currency part of the European Union. What does it mean? Beyond getting comfortable with Drachma exchange rates again, nobody knows, nobody has ever opted out of the currency after opting in (Denmark and the UK never got in).

The Greek people have decided that it means they are in big trouble, and they have been lining up at ATMs in order to get their hands on as many Euros as possible before the lights go out. For Mr. Tsipras, this in turn means he must declare a banking holiday and capital controls, which is a time tested recipe for causing any remaining economic activity to screech to a halt as anyone with a brain and more than a few Euros to their name starts working 24/7 on ways to keep their assets off the government’s confiscation radar.

Bitcoins: What they are and how to use them

However, as in Cyprus, smart Greeks with a working data connection have a medium at their disposal that may ensure that their assets stay well away from their government: Bitcoin.

The mini-spike in Bitcoin indicates that the Cyprus scenario is playing out again. If anyone recalls that event, it took the Bitcoin from relative obscurity to trading at around $1,100 before the mania wore off. Will it happen again?

It is anybody’s guess, but here are some statistics that may help guide your own educated ponderings:

Recently we have been working with some wonderful producers to make many of our volumes here at The Mint available in audio format. The experience has been great as those with talent in the voice department, such as Robert Fox, who brought our newest audio offering, Bitcoins: What they are and how to use them, to life.

We imagine the producers get a good chuckle as they read our prose, to which Long-suffering readers of The Mint are accustomed. We know we do!

Why the Fed will take Baby Steps when it comes to raising rates

The US Economy added 280,000 jobs in May of 2015, which was positive no matter how you slice it. To our readers, this should come as no surprise, every one of our key indicators indicates an economy that is roaring ahead. Take the price of oil, which continues to hover near the $60 per barrel mark. While to some, a lower oil price may signal weakness in demand due to a slowdown in underlying activity, we see it as incredibly positive for US consumers, as oil, which translates into gasoline prices, acts as a quasi tax for many consumers whose demand is relatively inelastic.

We also see the steady prices of copper, around $2.70 per ounce, and corn, clocking in at $3.60 per bushel, as signs that the United States economy is on extremely solid footing looking ahead. These prices tend to tank when bad omens are on the horizon.

The only negative (depending upon who you are), as reflected in the Jobs report, is that wages have not risen at a healthy pace. This is great for employers and the Fed, who can maintain their margins on the backs of the working class, but not so good for those employed.

We sense this will change, as the productivity gains of the past several years are not likely to replicate themselves over the next several. The economy is transitioning to the second half of the chessboard (as Thomas Friedman would say) and it will take a ton of work to get it there. Once it is there, we will see hyperactivity in the economy, it will be a whirlwind that people will either embrace or run direct the other way from. To an extent, humankind will benefit, but mother nature will suffer perhaps a fatal blow.

If proletariat wages remain low, then why has the stock market reacted negatively to what would otherwise be considered most excellent news? We can only guess that equity traders, who at times are clairvoyant to their own detriment, look around at the plethora of good news and smell a Fed rate hike on the horizon.

They are correct, of course. However, we believe that the Fed learned its lesson back in 2008. The blind 0.25 per month basis hikes that were implemented to cool off the sizzling post 9/11 economy were blunt and oversized for the sheer breadth of the Fed’s economic sphere of influence. It is doubtful we will see such blunt and misguided policy from the current Fed.

Instead, we see baby steps, increases of 0.01 basis points emitted over time so that the economy can absorb the shocks in a manageable way, rather than taking them square on the kisser as it did in 2008.

Will it work? Only time will tell, but for the moment the US economy looks like it’s running full speed ahead, and nobody at the Fed is interested in being the next Ben Bernanke.

Like this:

For those unaware, the Portland metro area is playing host to President Barack Obama. While we had no idea why he is here, we have been made keenly aware of the traffic perils that await us over the next 24 hours. Highways randomly shut in both directions, entire areas of the city impassable by car, rail, or bicycle (perish the thought). Such is the cost of playing host to the world’s most heavily guarded human being.

Obama Ponders the lubricant of free trade that the TPP will unleash

After some careful research (roughly 40 characters typed in a google search) we now know that he has come to promote something called the “Trans-Pacific Partnership,” which we have heard described as “NAFTA on steroids.” He has chosen the Nike campus, which is a mere 10 minute walk from where The Mint resides, to tout what would be his crowning achievement, a free trade agreement that exterminates what remains of US-based manufacturing once and for all.

His choice of Nike, who in a sense pioneered the practice of exploiting cheap overseas labor, has drawn reactions of shock and awe from socialists and unions alike.

First, the Daily Kos, where an author known as “davej” lays out the case against Nike by alluding to sweatshops and child labor, and feigns disgust at the irony that Obama would choose Nike to hold his rally there. For good measure, the article ends with instruction on where to meet at Nike to stage a protest as the President speaks.

The AFL-CIO produced a video enlisting not only American workers but also workers from other countries throughout the Pacific Rim to denounce TPP as a job killer and an enemy of organized labor. You can see it below:

Finally, Bernie Sanders, the Vermont Socialist and current 2016 Presidential candidate, bemoans the fact that a $320 pair of LeBron XII Elite iD shoes can be sold in America but not made in America. Comrade Sanders, we admire your zeal yet find your logic vexing.

We have no clue what the TPP will do, but generally speaking, free trade is good, and will ultimately benefit everyone. However, circa 2015, there is a fly in the ointment that makes Free Trade act as a lubricant on the once slow-moving machinery of global warming: Debt based currency.

Federal Reserve Notes: A License to Strip Mine the Earth

While it is fine and well the TPP will enable American consumers to consume at theoretically better prices that those that they already enjoy thanks to pioneers like Phil Knight and Sam Walton, all of this consumption comes at a steep price, both in terms of human suffering and the environmental impact of removing barriers to trade.

While we would love to appeal to a moral high ground, such as the author at the Daily Kos and the AFL-CIO do in their opposition to the TPP, we cannot. Instead, we appeal to our own at times infallible logic on the matter.

The TPP and the associated increase in trade along the Pacific Rim that it will enable will cause an unprecedented amount of debt based currency to come into being and begin to circulate. While most persons have been trained to think of debt based currency as money, we offer a new definition:

Debt based currency is a license to strip mine the earth, and entirely too many of them have been issued already.

Yes, when you circulate debt based currency (and on the planet today it is nearly impossible not to) by buying and selling in it, you are sending an erroneous economic signal to the rest of humanity. When you purchase the above mentioned Lebron James Michael Jordan wannabe shoes from Nike, you simply want the shoes to put on your feet. However, what you are saying to Phil Knight and his minions is, “design a shoe that I and 50 of my closest friends will drool over, then drill deep into the earth and extract petroleum with which to run the machines that will make the shoe, then hire labor as cheaply as possible to run the machines and assemble the shoe, kill some cows for leather, pull latex from plants or manmade processes, create dyes to color the shoe just so, and do whatever it takes to bring together the raw materials by which to bring my dream shoe into being.”

Now the production of the shoe and all of the related activities that it spawns would be fine and well were the shoes to be paid for with real money. However, consumers, no matter what country they are in, pay for things in debt based currency, meaning currency which comes into being on a whim, and derives its value by acting as a hot potato, causing any number of unnecessary or non-beneficial activities to be envisioned and carried out by mankind on a daily basis without a natural counterbalance to said activities.

In layman’s terms, when one is purchasing a product using debt based currency, they are by no means engaging in “fair trade,” despite what the label says, they are trading nothing for something, something that the earth and its inhabitants had to be strip-mined and enslaved to create. For the wants and needs of mankind are limitless, and, when enabled by a limitless supply of debt based currency, cause a chain reaction of 1) increased human activity which leads to 2) increased impact on the environment without a counterbalancing activity of resource replenishment, human or natural, elsewhere in the broad swath of economic activity on the planet.

Federal Reserve notes and their foreign counterparts are nothing more than a license to strip mine the earth and its inhabitants of resources well ahead of their ability to replenish them. Mother Nature is now in the second half of the Chessboard, will we turn in our license before it’s too late? Or will we drive nature and ourselves off of the proverbial cliff?

A Happy early St. Patrick’s Day to our long-suffering readers of The Mint, who know we have an affinity for the color green, specifically the tone which can be found on the coin pictured to the left.

We have been buried deep in a classic accounting “busy season” of our own design, as, along with our regular duties, we have stumbled upon a vein persons ready to move their accounting systems into the cloud along with a cadre of brilliant entrepreneurs who need solid advice in terms of accounting and systems. This work has gone nicely with our goal of mastering the tax trade this winter and spring. We have also managed to produce our first audio version, What is Truth? On the Nature of Empire (check it out here).

Together, it has made little time for reflection. Alas, this is the life of a farmer. When the season to work comes over us, we work day and night, knowing a season of rest waits.

Due to our numbers related tarries, the last time we took a glance at the US economy for long enough to write about it was October 3rd of last year, according to our records.

At that time, when the stated Unemployment rate was 5.9%, we sensed back then that it did not matter as the FED was set on continuing its Zero Interest Rate Policy until its member banks were safely in the clear, and that the US Labor market was getting extremely tight.

In case you are wondering, ZIRP and tight labor markets, taken together, is a recipe for explosive economic growth. Five short months later, it appears that the feast is nearly ready, and the US economy is about to eat it.

First, let’s check in on Unemployment, which stands at 5.5%. According to the March 9th jobs report, US Job Creation has never been stronger:

US Job Creation

And that momentum in the labor market is hotter than it was in 2005 – 2006:

Labor Market Momentum

And you have a labor market that has not been seen since the end of WWII.

But what about Wage Growth? It is tame, a 0.2% drop, in fact, if the BLS is to be believed. However, the NFIB Compensation Plans Indicator and the Employment cost Index are on the rise, meaning American workers are enjoying a rare (long overdue, we might add) post 1971 gain in real wages before the CPI, which clocked in at 0.7% (still well under the FED’s target), overtakes them.

Wage growth and Inflation go hand in hand

And this chart seems to indicate that the tightening rental market may be the match that starts the Wage/Price spiral in motion:

Tight Rental Market

We’re not sure about other metro areas, but rental and housing markets in Portland are ‘en fuego,’ with apologies to Dan Patrick.

What does it all mean? No one can be certain, but here are a couple of guesses:

1) The US Economy will once again become the envy of the world, despite itself. Yes, even with Obama care and other political and economic landmines strewn around it, the US economy is on pace to surpass the growth rates of developing nations, soon to be known as last decade’s darlings:

US to blow past emerging markets

2) US Workers are likely to get healthy wages from healthy companies. Unhealthy companies will be gutted in this brain drain and fail.

4) Housing premiums, in terms of rent and home sales, are about to soar.

5) Interest rates will not go up until the markets yank them up by their shirt collar and hold them up against the wall, the FED will keep short-term rates low and allow the banks to recapitalize on the backs of the US economic miracle:

No Rate Hike coming

6) There will be no “Grexit” to spoil things. Despite European claims to clairvoyance, it was the US who established the Euro zone (and its predecessor treaties) as the vital space for a revitalized German industrial base in the wake of WWII (more on this in our upcoming review of “The Global Minotaur” which was ironically written by a Greek economist). Circa 2014, the Euro currency zone exists for the sole benefit of Germany and to an extent France. The rest of Europe would be better off without it, which is why Germany and the pan euro banks will hold it together with an iron fist, not matter how futile the effort, or how far they have to bend the rules.

7) The Chicago River will turn green, and a record amount of beer will be sold tomorrow in honor of St. Patrick

Be safe out there as the Luck of the Irish and the ignorance of the FED paints the US Economy green for the foreseeable future!

For those who were unable to join us on Wednesday, the Bitcoin panel discussion at the Oregon AFP was a great success. With us were six of the finest minds in Crypto-currencies in the Portland area. These minds, together with some of the finest financial practitioners in the city, worked to bridge the gap between the Bitcoin universe and mainstream commerce.

We were pleased to find that the two are really not that far apart.

While there were a number of keen insights shared at yesterday’s meeting at the Multnomah Athletic Club, three stood out in our minds:

1) Transactions volume in Bitcoin has soared over the past two years and the USD/Bitcoin price action has settled down as a result. Further, Venture Capital is pouring into the Bitcoin industry, proving that crypto-currencies, once on the exciting confluence of technology and money, are now entering the relatively boring yet infinitely more profitable economic mainstream.

3) Concerns about Bitcoin’s wild fluctuations in value are addressed by services that instantly exchange Bitcoins accepted in trade into national currencies. This is especially important for those who transact day-to-day business in Bitcoin, as it is technically considered property for tax purposes and could otherwise create an accounting nightmare. It also allows for a clear delineation between Bitcoin speculation and Bitcoin circulation, two completely different activities before were often unwittingly commingled by virtue of one’s use of Bitcoin in trade.

Bitcoin has come a long way since we published our 48 hour crash analysis of the emergent monetary revolution back in 2013, and our panelists did a superb job of presenting a balanced discussion of the present state of crypto-currencies.

A special thanks once again to all of our panelists, Lawrence I Lerner, Ian Pulicano, Anna Guyton, Mike Fors, George Fogg, and Rhys Faler, who was planning on spectating and found himself on the panel in the midst of an incredibly rich, informative, and relevant discussion of the merits and challenges of Bitcoin.

Ian had the difficult task of breaking the ice of ignorance and/or skepticism that is often associated with presenting the concept of Bitcoin to someone for the first time, which is never an easy task. Beyond explaining the technical side in a concise manner, the slide near the end which highlighted the exponential growth in transactions and VC funding over the past 3 years got everyone’s attention and set the stage nicely for the discussion that followed. Anna did a great job of stepping up as moderator and added valuable insights throughout, Lawrence did an excellent job of bridging the knowledge gap between industry and Bitcoin through helpful analogies, Mike and Rhys provided the evidence that Bitcoin can and is being used in everyday transactions, and George added insight into the inherent challenges and opportunities of Bitcoin on the regulatory and securitization side of the house.

At the end of the hour, the audience was left with one inescapable conclusion: Crypto-currencies are here, are here to stay, and will be part of one’s economic experience in the not too distant future.

For the benefit of those who were unable to join us on Wednesday, we offer the following bootleg recording of the event:

Last summer it was reported that “Simpsons” comic illustrator Bill Morrison would be working with Titan Comics on a colorful new publication to help celebrate the 50th anniversary of the 1968 animated Beatles film, “Yellow Submarine.” On Wednesday, the first promotional trailer for the psychedelic...

Jimmy Kimmel is no stranger to pranks. The veteran comic personality and host of the late-night “Jimmy Kimmel Live!” talk show has certainly played a role in his fair share of shenanigans, especially in the world of high profile celebrities. So it only makes sense that Kimmel keep his sense of humor...

James Bay and Alicia Keys had one of the best performances during Tuesday's "The Voice" episode, joining forces for a stellar version of "Us" in the NBC singing competition's season finale. You can watch their impressive duet by playing the video above. "Us" is the latest single from Bay's recently...